RVUNL Storage Tender Attracts Bids At Rs 2.21/kWh, A New Low Updated On Fri, Jan 24th, 2025 by Saurenergy Energy storage tenders continued their steep decline from last year, as RVUNL’s 500 MW/ 1000 MWh standalone BESS tender, which comes with a 30% VGF support, attracting bids at Rs 2.21 lakhs /MWh. Solar World Energy led with the lowest bid and an award of 125 MW/250 MWh, while Oriana Power won 50MW/100 MWh with […] Read more
NHPC Issues Tranche-I 125 MW/500 MWh BESS Tender In Kerala Updated On Mon, Jan 20th, 2025 by Saurenergy NHPC has released a tender to build a battery energy storage system (BESS) to select developers for setting up 125 MW / 500 MWh (InSTS) connected standalone BESS (NHPC-Tranche-I-BESS). The project would be located in Kerala with viability gap funding (VGF) support (2024-25). NHPC has sought bids until February 21, 2025. The NHPC tender explained, […] Read more
Tender, Tariff, and Takers: 2024 A Brief Review Updated On Mon, Jan 6th, 2025 by Saurenergy The renewable energy landscape is witnessing a transformative shift, with bidding processes increasingly favoring innovative solutions like Round the Clock (RTC) energy, Firm and Dispatchable Energy (FDRE), and wind-solar hybrid (WSH) tenders. Notably, energy storage has emerged as a game-changer, becoming an integral component of many new tenders. According to an SBI Caps report, storage […] Read more
Offshore Wind’s 2024 in India- Building Blocks Falling Into Place Updated On Mon, Dec 30th, 2024 by Saurenergy India’s offshore wind ambitions made slow but steady progress in 2024, egged on by multiple European partners pushing the country to try this ‘last frontier’ of renewable energy. For a country heading towards 100 GW of solar, and 50 GW of onshore wind, Offshore wind energy has been a distant dream, primarily because of cost […] Read more
SECI Seeks Proposal To Finance 300 MW Solar Project In Andhra Updated On Thu, Dec 5th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now sought proposals from banks and financial institutions. The government entity plans to use this financing to fund its upcoming 300 MW solar project at Ramagiri in Andhra Pradesh. The Central Public Sector Enterprise (CPSE) has planned to procure a Rs 1000 crore term loan for this. […] Read more
RRUVNL Revises Its Tender For 500 MW Standalone BESS Updated On Tue, Dec 3rd, 2024 by Saurenergy The Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) has revised the tender document for its proposed Battery Energy Storage System (BESS) project. Initially, RRVUNL had issued a tender inviting developers to establish a 500 MW standalone BESS. The firm has now released a separate corrigendum for the tender. The revised tender documents address the bidders’ […] Read more
GUVNL’s 400 MW/800 MWh BESS Project Awarded At Rs 2.26/KW Updated On Sat, Nov 30th, 2024 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL) has announced Kintech Synergy Private Limited, H.G. Infra Engineering, Bhilwara Energy, and Advait Infratech as successful bidders for its 400 MW/800 MWh Battery Energy Storage System (BESS) project (Phase IV). The tender for the project was released in September 2024, with results declared within two months. The Gujarat-based discom […] Read more
RRUVNL Launches Rajasthan’s First BESS Tender For 1000MWh Updated On Thu, Nov 7th, 2024 by Saurenergy To meet its expanding energy needs, Rajasthan’s state power generation company, Rajasthan Rajya Vidyut Utpadan Nigam (RRUVNL), has announced its first standalone Battery Energy Storage System (BESS) tender. This 500 MW/1000 MWh tender, which includes a greenshoe option, will be developed across six locations: Giral Lignite Power Project in Barmer; Suratgarh Thermal Power Station; RVPNL […] Read more
After China & Europe, India Set To Embark On Offshore Wind Journey Updated On Tue, Oct 15th, 2024 by Saurenergy After a thrust to offshore wind energy projects in China and Europe, swings of changes in this sector are now expected in India too. Last year, globally 10.8 GW of new offshore wind energy capacities were added, as per a report from the Global Wind Energy Council (GWEC). The lion’s share was taken by China […] Read more
